Morgan Stanley Private Bank · Tennessee · 2025

Morgan Stanley Private Bank in Tennessee: approval rate, denial rate and rates (2025)

Morgan Stanley Private Bank took 247 mortgage applications in Tennessee in 2025, ranking #184 of 1,274 lenders active in the state. It originated 74.9% of them and denied 3.6% (4.4% of the applications it decided), against a statewide denial rate of 17.1%.

247Applicationsin TN
4.4%Decision denial ratestate 21.7%
5.95%Median ratestate 6.62%
$665,000Median loanstate $225,000
$173MVolume26 counties

Morgan Stanley Private Bank in Tennessee vs the state

3.6%Denial rate-13.50 pts vs state
4.4%Decision denial rate-17.25 pts vs state
74.9%Origination rate+16.82 pts vs state
5.95%Median rate-0.67 pts vs state
-0.23Rate spread (pts)-0.46 pts vs state
$293kMedian applicant income
185Loans originated
9Denied

Trend in Tennessee

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232521994.8%5.80%#156
20242191800.5%6.15%#189
20252471853.6%5.95%#184

What Morgan Stanley Private Bank lends in Tennessee

By loan purpose

Home purchase 176 71% · 3.4% denied
Refinance 10 4% · 10.0% denied
Cash-out refinance 8 3% · 0.0% denied
Home improvement 3 1% · 0.0% denied
Other / HELOC 50 20% · 4.0% denied

By loan type

Conventional 247 100% · 3.6% denied

Why it denied Tennessee applicants

Debt-to-income ratio 5 56%
Collateral 2 22%
Other 1 11%
Credit history 1 11%

Where in Tennessee

Counties with the most Morgan Stanley Private Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Davidson County 88661 1.1%
Williamson County 52381 1.9%
Knox County 22173 13.6%
Hamilton County 22162 9.1%
Loudon County 11100 0.0%
Sevier County 980 0.0%
Sumner County 841 12.5%
Wilson County 540 0.0%
Blount County 430 0.0%
Sullivan County 320 0.0%

Other large lenders in Tennessee

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 16,50317.3%6.50%
United Shore Financial ServicesB 12,45810.9%6.12%
Regions BankC 11,24736.5%4.99%
Vanderbilt Mortgage and FinanceF 9,64935.8%8.75%
Mortgage Research CenterC 6,56817.3%6.25%
FirstBankC 5,67714.5%6.88%
CMG MortgageA 5,6432.9%6.50%
Freedom MortgageB 5,4938.0%6.25%
Pennymac Loan ServicesC 5,33111.2%6.00%
Mortgage Investors GroupB 4,4543.5%6.50%

Frequently asked questions

Tennessee: 247 applications in 2025, of which 185 were originated and 9 denied.

3.6% of all applications, or 4.4% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.

The median rate on loans Morgan Stanley Private Bank originated in Tennessee in 2025 was 5.95%, against a statewide median of 6.62%.

About this data. Figures are Morgan Stanley Private Bank's own HMDA filing for properties located in Tennessee, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology